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kaplan kit doubt

BBrian4y ago
sir in the kaplan kit the below statement was stated as wrong when i looked for explalantion it wast there could you please explain why the below statement is wrong thank you A prospective merger would need to result in a company having a market share greater than 80% before it can be described as a monopoly
John MoffatJohn MoffatTutor4y ago#1
Because there is no defined % that makes it a monopoly.
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